Jan 24, 2013 7:00pm PST
the securities and exchanges commission. obama made the announcement on thursday. he said the sec played a critical role during the financial crisis but it needed to do much more to reform wall street. >> we need to keep going after irresponsible behavior in the financial industry so the taxpayers don't pay the price. i'm absolutely confident that mary jo has the experience and the resolve to tackle these complex issues and protect the american people in a way that is smart and in a way that is fair. >> white served as a u.s. attorney in new york and led investigations on financial crimes and terrorist attacks, including the 1993 bombing of the world trade center. white said she'll devote herself to protecting investors and ensuring the transparency of u.s. capital markets. the obama administration is pushing for financial reform to avoid a recurrence of the financial crisis. japan's toyota motors and bmw group have teamed up. executives from the two automakers announced the collaboration in japan. >> we have high hopes for this project as it promises a bright future for cars. >>
Jan 27, 2013 6:00pm PST
reform in the house and senate. but there has to implementation by the sec. it still is not fully implemented, by any means. very difficult and tricky to do. >> whatever is written about the obama administration, its prosecution of the malefactors great what on wall street has certainly not a sterling chapter. it to be written. i charge mr. cordray and miss white without responsibility of every riding. >> you get the last word. thanks. see you next week.